Note 8 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
Deferred tax assets:	2019			2018
Stock based compensation	$	44,000		$	50,000
Goodwill and intangibles		3,000			21,000
Property and equipment		471,000			486,000
Total deferred tax assets		518,000			557,000
Valuation Allowance		(42,000	)		(50,000	)
Deferred tax asset – net of valuation allowance	$	476,000		$	507,000
Change in valuation allowance	$	8,000		$	---

Federal Income Tax Note [Table Text Block]

The provision for income taxes using the statutory federal tax rate as compared to the Company's effective tax rate is summarized as follows:	December 31,
	2019			2018
Tax expense at statutory rate		21.0	%		21.0	%
State and local income taxes, net of federal		16.4	%		17.7	%
Effective income tax expense rate		37.4	%		38.7	%